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Politics : Formerly About Advanced Micro Devices
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To: Taro who wrote (266315)12/28/2005 6:30:11 PM
From: bentway  Read Replies (5) of 1575346
 
I think there's a point where cutting taxes generates more revenue, if taxes are too high to begin with. I don't go along with the supply side "all tax cuts raise more revenue" bushwa - that's just wishful thinking.

It's the same as setting a price for a product. Too high, you don't sell enough. Too low, you don't make enough per unit sold. You try to find the RIGHT price that maximises your profits.
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